Independent Bank Defensive Interval Ratio
Independent Bank defensive interval ratio. Independent Bank (INDB) has a Defensive Interval Ratio of 8 days as of June 2026. Defensive assets of $447.13 Million (cash $-, short-term investments $447.13 Million, receivables $-) cover 8 days of daily cash needs of $56.80 Million/day. See working capital position of Independent Bank to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Independent Bank (2001–2025)
Defensive interval ratio of Independent Bank from 2001 to 2025. This chart shows how Independent Bank's Defensive Interval Ratio has evolved across 25 annual periods from 2001 to 2025. As of June 2026, the ratio stands at 8 days, meaning defensive assets of $447.13 Million can fund 8 days of operations without new revenue. Check Independent Bank (INDB) asset resilience to evaluate the company's liquid asset resilience ratio.
Independent Bank Defensive Interval Ratio by Year (2001–2025)
Independent Bank defensive interval ratio by year from 2001 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Independent Bank from 2001 to 2025, covering 25 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see how large is Independent Bank's balance sheet.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 12 days | $13.72 Million | $1.14 Million/day | $- | $4.72 Million | ▲ +9 days |
| 2024 | 4 days | $147.27 Million | $41.93 Million/day | $- | $147.27 Million | ▼ -29 days |
| 2023 | 33 days | $1.33 Billion | $40.73 Million/day | $- | $1.33 Billion | ▲ +0 days |
| 2022 | 32 days | $1.40 Billion | $43.50 Million/day | $- | $1.40 Billion | ▼ -2 days |
| 2021 | 34 days | $1.58 Billion | $46.35 Million/day | $- | $1.57 Billion | ▲ +20 days |
| 2020 | 14 days | $417.50 Million | $30.12 Million/day | $- | $412.86 Million | ▼ -578 days |
| 2019 | 592 days | $9.30 Billion | $15.71 Million/day | $- | $426.42 Million | ▲ +571 days |
| 2018 | 21 days | $444.64 Million | $20.75 Million/day | $- | $442.75 Million | ▼ -24 days |
| 2017 | 45 days | $449.43 Million | $9.99 Million/day | $- | $447.50 Million | ▼ -705 days |
| 2016 | 750 days | $363.64 Million | $484.69K/day | $- | $363.64 Million | ▼ -250 days |
| 2015 | 1001 days | $367.25 Million | $367.01K/day | $- | $367.25 Million | ▲ +977 days |
| 2014 | 24 days | $348.55 Million | $14.82 Million/day | $- | $348.55 Million | ▼ -2 days |
| 2013 | 25 days | $356.86 Million | $14.22 Million/day | $- | $356.86 Million | ▼ 0 days |
| 2012 | 25 days | $329.29 Million | $13.05 Million/day | $- | $329.29 Million | ▼ -2 days |
| 2011 | 27 days | $305.33 Million | $11.21 Million/day | $- | $305.33 Million | ▼ -9 days |
| 2010 | 36 days | $377.46 Million | $10.40 Million/day | $- | $377.46 Million | ▼ -16 days |
| 2009 | 52 days | $508.65 Million | $9.77 Million/day | $- | $508.65 Million | ▲ +52 days |
| 2008 | 0 days | $100.00K | $7.53 Million/day | $- | $100.00K | ▼ -75 days |
| 2007 | 75 days | $444.26 Million | $5.93 Million/day | $- | $444.26 Million | ▲ +62 days |
| 2006 | 13 days | $75.52 Million | $6.02 Million/day | $- | $75.52 Million | ▲ +3 days |
| 2005 | 9 days | $63.66 Million | $6.93 Million/day | $- | $63.66 Million | ▲ +9 days |
| 2004 | 0 days | $2.73 Million | $6.72 Million/day | $- | $2.73 Million | ▼ -105 days |
| 2003 | 105 days | $527.51 Million | $5.01 Million/day | $- | $527.51 Million | ▲ +105 days |
| 2002 | 1 days | $3.17 Million | $4.80 Million/day | $- | $3.17 Million | ▼ -1 days |
| 2001 | 1 days | $6.00 Million | $4.53 Million/day | $- | $6.00 Million | — |